Properties

Listing courtesy of Melges Real Estate
Property Description

Well-maintained, fully occupied mixed-use property located in the heart of Downtown Milwaukee. Comprised of approximately 8,800 square feet, the building features three retail units and three upper-level multifamily apartments, offering a balanced and diversified income stream across both residential and commercial tenancy. Currently fully leased, this building offers investors in-place cash flow with value-add potential through rental upside on the residential units, which are currently leased below market rates. The retail units are leased to a diverse mix of tenants, minimizing risk and ensuring long-term income stability. The building’s flexible layout, strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation.

Features
: None
: None
: Municipal Sewer
Address Map
US
WI
Milwaukee
Milwaukee
53202
Water
524
St
N
Neighborhood
Milwaukee
Additional Info
Inland Real Estate Partners, LLC
Joe Eldredge
Additional Information
2025-09-30
: Municipal Water
: Brick
Listing Information
inland
Active
2025-10-01T19:04:49Z
MetroMLS
2025-09-30T19:05:32Z
7065

Residential Income For Sale

524 N Water St, Milwaukee, Wisconsin 53202

0.06 Acre
$1,850,000
Listing ID #1937302
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1937302
Price : $1,850,000
Year Built : 1880
Lot Area : 0.06 Acre
Listing Status : Active
Property Sub Type : Multi-Family
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